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Luzhou Xinglu Water (Group) Co (HKSE:02281) Total Current Liabilities : HK$1,641 Mil (As of Dec. 2023)


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What is Luzhou Xinglu Water (Group) Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Luzhou Xinglu Water (Group) Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$1,641

Luzhou Xinglu Water (Group) Co Total Current Liabilities Historical Data

The historical data trend for Luzhou Xinglu Water (Group) Co's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Luzhou Xinglu Water (Group) Co Total Current Liabilities Chart

Luzhou Xinglu Water (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,751.62 1,957.66 2,640.10 1,421.38 1,641.39

Luzhou Xinglu Water (Group) Co Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,640.10 1,820.07 1,421.38 1,651.88 1,641.39

Luzhou Xinglu Water (Group) Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Luzhou Xinglu Water (Group) Co's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=759.718+687.845
+Other Current Liabilities+Current Deferred Liabilities
=193.829+0
=1,641

Luzhou Xinglu Water (Group) Co's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=759.718+687.845
+Other Current Liabilities+Current Deferred Liabilities
=193.829+0
=1,641

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Luzhou Xinglu Water (Group) Co Total Current Liabilities Related Terms

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Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:06136 HKSE:01542 HKSE:01129 HKSE:03768 HKSE:06839 HKSE:01026 AWK LSE:SVT WTRG LSE:UU. BSP:SBSP3 HKSE:00270 SHSE:601158 AWR CWT DFM:TABREED SZSE:000598 LSE:PNN HKSE:00371 SHSE:600323
Traded in Other Exchanges
N/A
Address
No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN
Website
http://www.lzss.com
Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Fei Zhanbo 2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si 2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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